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Is Loom Network Heading for a Dump? The price of LOOM has skyrocketed by 542% in just a month. However, there's a rising trend of massive token transfers to exchanges, prominently by big players and the developer team. A notable example saw 12.6 million LOOM, totaling $3.48 million, being transferred to Coinbase. Moreover, Upbit currently houses more than half of all circulating LOOM tokens. These activities could be preludes to a price tumble, but those considering short positions should be cautious; Upbit traders often move against general market anticipations.
LLong
by DEXWireNews
DASH - Don't Look Surprised If This Happens (It Did In 2017)While we are waiting for things to unroll and btc to finish its fall, we can take a look of what happened historically. It is really hard to say how fast we could reach to full fib. extensions (4.236) that sits at around $3.5k for DASH (showed in more detail in previous idea about DASH), but if history is any indication we should be climbing really fast once BTC starts to recover. At the very end of every alts season, laggers had the best run as investors start to look elsewhere for % gains. They will not invest in ETH that has rose more than 5000% this bull run but something which has only rose 200% and is still waiting for the rotation of the money to flow in. Just so you know this does no apply to every altcoin that had an amazing bull run in 2017/18 and is still very low. It only applies to "OG" ones that are still listed on biggest exchanges, can be traded on margin (price has a potential to skyrocket even more), and still has practical uses in the financial systems (utilities). Because DASH applies to all of those criteria i still stick to it since 2017. It has been really boring for more than a year now, but those tend to go parabolic the most at the end. Also braking above the green trend line and a successful back test of it would be nice. DISCLAMER: I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:DASHUSDT
Long
by CR35
3
EURJPY going up up up!EURJYP and the others mayor pairs against the JPY have broken the downtrend from 2008. EURJPY is forming a bullish flag and is highly probable that the price breaks out and continues its uptrend. I marked up the resistance levels to take partial profits. I'm planning to hold this trade for months since is a high timeframe but with big moves. If the price breaks out the resistance levels in the weekly timeframe I will add to my position. Is the price drops back down to the triangle area and closes in the weekly timeframe within it, the trade is invalid. The double bottom is pushing the price to the upside. Is going to be a choppy ride but the risk reward is worth it.
Long
by ArturoL
Bitcoin at a very important moment Bitcoin defended the lower Bollinger band yesterday for 4h and we have energy in the market - there is still a lot of resistance in front of us, but there is hope that the lowest low is behind us so far. On 4h we have the first wave of growth, now we can count on a small correction 48300-47800 and later further increases after breaking 1.13 we can count on 1.618 fibo, i.e. $ 50 160 On 1D we are at quite strong resistance - middle Bollinger band, but looking at lower intervals you can see that there is a chance to break this resistance. If the price breaks 50,200, the next resistance will only be $ 52,900 We returned to 1W with a price above MA50, but the breakthrough in the middle band will confirm the right direction. Are inheritances possible? Yes, always in the case of the middle band you have to take into account a strong rebound from it and another downward cycle, but so far there are no such signals. Good luck!
by SkyRocketTrading
Bitcoin will come back to around 52k?Bitcoin , after decreasing and passing 4.236fibo, should consolidate and we should see a rebound to the level of about 52k - green box. However, from this zone we have to take into account a rebound and a re-test of the zone around 48k-48500 $. It is also very important to open the weekly candle to green and an impulse on the upward market, then we can count on a continuation of gains. A drop below the opening of the current weekly candle will indicate a continuation of declines, but it is a less realistic scenario. So we expect BTC to come back above 50k.
by SkyRocketTrading
Bitcoin Plunges Below $60K What next?Bitcoin went down by $2,000 in just 10 minutes, which is often a sign that a trend reversal has started(in such situations our trailing stop loss tools work great, which you can check on our website skyrocket.trade). For now we are defending 58k, if we fall lower quickly we can see 56800-56000-55200 there we have another strong support. Bitcoin has dropped below $60,000 to its current price of $59,223. Today is the first time the flagship cryptocurrency has dipped below the $60,000 mark since October 17, 2021. What next? If we maintain the support around 56-55k, we can continue the bull trend and see another ATH within 7-10 days.
by SkyRocketTrading
Celcius Experiences Outstanding GrowthCelsius (CEL) experienced an exceptional 300% growth in one month. The coin has now stabilized, and its direction is currently unclear. Celsius Fundamentals Similar to a bank, Celsius (CEL) borrows from one set of clients, lends to others, and profits from the difference between the interest rate. However, CEL mostly works in the crypto space as it mainly borrows and lends in crypto. Additionally, it does not have any government deposit insurance, making it riskier than a traditional bank. Celsius on the Chart Celcius experienced an exceptionally long ranging period this year from July to September. On September 10th, the price finally made a breakthrough, and CEL experienced an outstanding 300% growth in a single month. The coin reached an all-time high of $1.5. CEL is now stabilizing between $1.2 and $1.5. Due to the swift and strong growth, the coin hasn’t created any support level on its way up. Therefore it is now in danger of failing all the way down to the $0.5 and $0.35 support levels. An indicator that you can use to get early buy and sell signals on the daily chart is the MACD. The MACD indicates a buy signal when the histogram turns green and a sell signal when it turns red. The indicator works well to identify bull runs early and sell relatively close to the high. The MACD can be classified as both a trend-following and momentum indicator. Like all trend-following indicators, it tends to perform poorly in ranging markets. Looking Ahead: The MACD is now about to turn red, indicating that the bull run may end. Since no support levels were established, it is better to time your next entry with technical indicators rather than support levels.
HITBTC:CELUSDLong
by cryptohopper
6
I'VE SEEN BITCOIN DO THIS BEFORE !I remember replaying *on tradingview* back to when bitcoin shot up to almost 20k, and how on the way there price would fake hard, and make you think it would go down instead of continuing bullish movement. To the best of my knowledge price for the most part always repeats itself. I don't have a clue where exactly price will go but i'm betting this isn't the end of the bullish movement from bitcoin! SHARE WHAT YOU GUYS THINK IN THE COMMENTS!
BITSTAMP:BTCUSDLong
by lobfxempire
2
BTC TO REACH 250K BY 2022, HOP ON THE BOAT WHILE YOU STILL CANThe software that controls the Bitcoin network is set up to cut the reward – the amount of Bitcoin a miner receives for solving a block – in half at regular intervals. The first halving in 2012 cut the reward from 50 bitcoins to 25. The second was in 2016 and cut the reward to 12.5. The next halving is expected in May of 2020. The charts typically show cycles in the price of Bitcoin that suggest the halvings occur near market bottoms. They also show large jumps in the price of Bitcoin over the next several years. And according to the analytics, you can expect the price to sky rocket in given time after the next halving, flying bitcoin past the 100k mark and even a whooping 200k.
BNC:BLX
by UnknownUnicorn4959305
Can BTC Break Above The Dreaded 6000 Level?Big bullish moves over the last few days has caused Bitcoin to skyrocket up to 5300 from 4000 only two days ago. This is an impressive move and garners our attention. But do not get too excited yet until we break back above 6000 and re test that level, as that would give us the bullish confirmation needed to move higher. We will watch this play out and update this post over the next few days. Please be sure to follow me for more posts!
BITFINEX:BTCUSD
by TradeWithTyler